Miguel Maia
CEO
Replay available
Banco Comercial Português (BPCGF) Q2 2025 Earnings Call
Banco Comercial Português (OTC: BPCGF) Q2 2025 earnings conference call, held 2025-07-31. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Miguel Braganza
CFO
Bernard Klaas
Head of Portugal Operations
Unidentified Analyst
Analyst
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Banco Comercial Portugues S.a..
Replay transcript excerpt
WEBVTT 00:00:00.352 -- 00:00:05.198 Good afternoon. Miguel Maia speaking. Welcome to BCP Earnings Conference Call. 00:00:05.198 -- 00:00:09.103 I will go through the highlights of our performance, followed by Miguel Braganza and 00:00:09.103 -- 00:00:13.188 Bernard Klaas, who will provide additional detail. 00:00:13.188 -- 00:00:16.452 In a context marked by high unpredictability, 00:00:16.452 -- 00:00:21.879 shaped by geopolitical challenges affecting economic agents' confidence, 00:00:21.879 -- 00:00:26.905 instability and unrest caused by the ongoing wars, and in the eurozone, 00:00:26.905 -- 00:00:32.150 a significant reduction in interest rates, BCP achieves positive progress in results 00:00:32.150 -- 00:00:37.076 and key business and financial indicators in the first half of this year. 00:00:37.076 -- 00:00:42.242 Once again, we have demonstrated disciplined capital management, constant focus on operational 00:00:42.242 -- 00:00:47.889 efficiency, commitment to customer orientation and the ability, quarter after quarter, 00:00:47.889 -- 00:00:52.478 to consistently deliver on the strategic plans we presented to the market. 00:00:52.478 -- 00:00:57.748 In the first six months, the consolidated net incomes stood at 502 million, 00:00:57.748 -- 00:01:00.694 an increase of 3.5% year-on-year, 00:01:00.694 -- 00:01:07.584 supported by a strong operational performance, having achieved an ROE of 14.3%. 00:01:08.206 -- 00:01:13.715 All our core markets, despite having different challenges, contributed positively 00:01:13.715 -- 00:01:19.185 to the results with the activity in Portugal standing out once again with a net income 00:01:19.185 -- 00:01:24.743 of 424 million, having increased 3.2% year on year. 00:01:24.743 -- 00:01:29.249 It deserves to be mentioned that th...